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steve? >> steve: all right. thank you very much. he is one of the most athletic players in the national football league, might even win rookie of the year. after suffering his second knee tear, the future of rgiii is in question. dr. sherman is an orthopedic surgeon at new york university and joins us live today. good morning. >> good morning. >> steve: you have not treated him, but what sort of operation did he have? >> sounds like he had a very complicated operation. he already had an acl reconstruction years ago and he had to have the operation for the acl redone. my understanding is a tendon was taken from his other knee, so his healthy knee, and there was another ligament in his knee that was also torn and that was repaired. >> steve: we just showed in slow motion -- i believe it was in the fourth quarter when he went down and inn that terrible spill he -- there it is right there. from what we've seen, he was kind of hurt before that, wasn't he? >> that's my understanding. >> steve: all right. a lot of people go through stuff l
steve? >> steve: all right. thank you very much. he is one of the most athletic players in the national football league, might even win rookie of the year. after suffering his second knee tear, the future of rgiii is in question. dr. sherman is an orthopedic surgeon at new york university and joins us live today. good morning. >> good morning. >> steve: you have not treated him, but what sort of operation did he have? >> sounds like he had a very complicated operation....
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Jan 10, 2013
01/13
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steve? >> steve: congratulations to her. this week, we are celebrating the 100th anniversary of the birth of president richard nixon. our 37th president is often remembered for how his career ended. let's not forget he was also an extremely popular and effective president. last night his career was celebrated in washington at the mayflower hotel where the nixon foundation held a gala. among those in attendants was the former deputy director of the u.s. office of management and budget under president mix inen, he joins us live after a busy night. fred, good morning to you. >> good morning. >> steve: when you look at the people who were in attendance last night and the alumni class of the richard nixon administration, it's very impresssive. >> it really is. i myself became later a ceo of two major corporations and i'm an underachieve in this group. we have a president of the united states, vice president of the united states, four future secretaries of state, two that became secretary treasury, two that became secretary of def
steve? >> steve: congratulations to her. this week, we are celebrating the 100th anniversary of the birth of president richard nixon. our 37th president is often remembered for how his career ended. let's not forget he was also an extremely popular and effective president. last night his career was celebrated in washington at the mayflower hotel where the nixon foundation held a gala. among those in attendants was the former deputy director of the u.s. office of management and budget...
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it. >> steve: okay. so she didn't read it. now she is a senior fellow at the center for american progress. >> brian: she has plenty of time to read. >> gretchen: didn't cap and trade pass the house on the night michael jackson died? i think it was dead then. >> steve: the nancy pelosi house. >> gretchen: yes, it did, because i remember that sort of got lost in the headlines when michael jackson died. >> steve: it was facing certain death in the senate and it never -- >> brian: just to follow up, katherine jackson ended up in charge of the estate. >> steve: good to know. >> brian: the children have stood up for their father. >> steve: we worry about blanket. >> brian: who doesn't. >> gretchen: now to your headlines. first the journal news editors, janet hasson and mcbride published the names and addresses of every gun permit holder legally in two new york counties. now another media outlet is doing the same thing. they published the names of every licensed gun owner in new york city until this is a differ
it. >> steve: okay. so she didn't read it. now she is a senior fellow at the center for american progress. >> brian: she has plenty of time to read. >> gretchen: didn't cap and trade pass the house on the night michael jackson died? i think it was dead then. >> steve: the nancy pelosi house. >> gretchen: yes, it did, because i remember that sort of got lost in the headlines when michael jackson died. >> steve: it was facing certain death in the senate and it...
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Jan 8, 2013
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steve? >> steve: thanks. flight attendants are spilling some secrets of the skies from what they really serve when you ask for regular coffee, to whether that seatbelt sign threw stays on just a little too long. joining us to blow the lid off of the confessions is veteran flight attendant and author of "cruising attitude," heather pool, who joins us from los angeles. hi, how are you? >> good. how are you? >> steve: good. we were talking a little bit about this survey that came out yesterday. for instance, we heard that some flight attendants, when you ask for regular coffee, they give you decaf 'cause they want you relaxed and maybe so you fall asleep so that you're not bugging them all the time. >> i'm not going to say that i may have accidentally on purpose may have served decaf, but it was only because i couldn't get back to the galley. we work long hours and we have short layovers. so we like our coffee. we usually have a lot of coffee. we like to brew the coffee. so unless you're on a red eye flight, i d
steve? >> steve: thanks. flight attendants are spilling some secrets of the skies from what they really serve when you ask for regular coffee, to whether that seatbelt sign threw stays on just a little too long. joining us to blow the lid off of the confessions is veteran flight attendant and author of "cruising attitude," heather pool, who joins us from los angeles. hi, how are you? >> good. how are you? >> steve: good. we were talking a little bit about this survey...
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Jan 10, 2013
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steve? >> andrew, thanks. the treasury secretary job in this post-financial crisis world, has expanded. let's take a look at all the areas where -- the treasury secretary jack lew will now have to face including the old ones and the new ones. the first obviously coming up the debt ceiling and more. the things he has to figure out is he's got to negotiate a sequester deal and a debt ceiling deal with congress or figure out how to run the government without any debt. in other words, match cash flow to expenses. second item is long-term he's got to come up with entitlement fixes and a fix for the longer-run deficit. finally, tax reform, corporate and individual, potentially on the table. i think jack lew is probably pretty strong in this particular area. but the other aspect which was always there but has now risen significantly in importance is global finance. he is the stand-up man for the next meltdown. he's got to finish and keep negotiating dodd-frank and the basel iii accords with international regulators.
steve? >> andrew, thanks. the treasury secretary job in this post-financial crisis world, has expanded. let's take a look at all the areas where -- the treasury secretary jack lew will now have to face including the old ones and the new ones. the first obviously coming up the debt ceiling and more. the things he has to figure out is he's got to negotiate a sequester deal and a debt ceiling deal with congress or figure out how to run the government without any debt. in other words, match...
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Jan 11, 2013
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steve liesman? with us now. >> you have another segment on? >> i thought maybe when you started talking we could have a little bit of that lullaby? >> is this now going to be -- i thought it was going to be episodic. not everybody tuned in yesterday. you want to fill them in -- >> we have alarm clocks where you can get an application where -- >> i saw your ad. >> steve did not do one but they asked him to do one for night time when you're in -- >> when you can't sleep. >> you have insomnia. >> he's making that up. >> and we just put his normal reports to this type of music. >> i would sit here and say look at the seasonal adjustments to jobless claims in january. >> play this music and then you would -- >> you've seen these side effects for ambien? >> 12 hours longer than -- >> the side effects for liesman are only the nightmares you have before you go to bed. >> but they did get it going. >> they did. i wanted to talk about something, a couple, walker about the trillion dollar coin. in which he gave me a trillion dollar piece of paper. i thin
steve liesman? with us now. >> you have another segment on? >> i thought maybe when you started talking we could have a little bit of that lullaby? >> is this now going to be -- i thought it was going to be episodic. not everybody tuned in yesterday. you want to fill them in -- >> we have alarm clocks where you can get an application where -- >> i saw your ad. >> steve did not do one but they asked him to do one for night time when you're in -- >> when...
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Jan 8, 2013
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steve what are you watching? >> first i'm watching this increase we've had in the ten-year yield which has gone up as you know, 10, 15 basis points over the past several weeks. >> 1.9%. >> right, right. but we haven't seen it really in the 30-year mortgage. so i thought i would draw on, you know, rick's expertise and our expertise from our co-host this morning to try to get an idea for the direction. just want to show you some charts here. first thing is you'll see the 30-year rate remaining pretty much flat. and of course the federal reserve is going to come along and buy a whole bunch of mortgages this year. and still buy treasuries as well. what you see is the spread, i guess that's the mortgage application number that was going to be the second one showing its decline. you could see it down despite rates being low. and there's the one. there's the yields going up on the ten-year, and there's the mortgage rate being flat, so the question for individuals out there, is this the time to get in before the 30-year
steve what are you watching? >> first i'm watching this increase we've had in the ten-year yield which has gone up as you know, 10, 15 basis points over the past several weeks. >> 1.9%. >> right, right. but we haven't seen it really in the 30-year mortgage. so i thought i would draw on, you know, rick's expertise and our expertise from our co-host this morning to try to get an idea for the direction. just want to show you some charts here. first thing is you'll see the 30-year...
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Jan 9, 2013
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steve, start us out. >> i'm sure rick is playing this game. the new game in town is gaming out when the fed gets to 6 1/2%. i have to tell you, there are time times we olympic games in the enthusiasm and the answers are unbelievable. you check your math and the math is right but the answer is still unbelievable. the first of these charts is not my work, done by morgan stanley. let me show you what david has come up with. let me explain the chart. the number of years to get to 6 1/2% unemployment. if we grow at 150,000 jobs a month and the participation rate changes over time. if we stay at the current participation rate, 6 1/2 years to 6 1/2%. watch on the right hand side as the participation rate rises, in other words, a good job market brings new people in, participation rate rises to 64.4, for this economy is not out-landish, 18 years. let me first show you work i did, another way at this. i took all the fed's projections of growth and compared it to projections of unemployment. okay. at deficit growth rates, how much does unemployment decl
steve, start us out. >> i'm sure rick is playing this game. the new game in town is gaming out when the fed gets to 6 1/2%. i have to tell you, there are time times we olympic games in the enthusiasm and the answers are unbelievable. you check your math and the math is right but the answer is still unbelievable. the first of these charts is not my work, done by morgan stanley. let me show you what david has come up with. let me explain the chart. the number of years to get to 6 1/2%...
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Jan 14, 2013
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let's -- thank you. >> thank you, steve. >> theme song? >> all the things that he writes. >> and star wars. >> also in our headlines this morning, apple reportedly cutting its component orders for the iphone 5 because of some weaker than expected demand. sources tell "the wall street journal" that apple's orders for screens for the first three months of the year have dropped to roughly half of what it had previously planned to order. apple is said to have notified of the suppliers of that order cut last month. shares of apple actually dipped below $500 a share earlier this morning. you can see right now they're resting right at 502.95. that is a drop of about 3 1/3%. plus we're a day away from the mystery announcement coming out of facebook. that stock has risen over 30 for the first time since july. fortunately we have somebody who can talk about all these tech stories with us. henry blodget, the ceo and editor in chief of business insider. he's our guest co-host. thank you for being here. >> thank you for having me. >> let's jump on this
let's -- thank you. >> thank you, steve. >> theme song? >> all the things that he writes. >> and star wars. >> also in our headlines this morning, apple reportedly cutting its component orders for the iphone 5 because of some weaker than expected demand. sources tell "the wall street journal" that apple's orders for screens for the first three months of the year have dropped to roughly half of what it had previously planned to order. apple is said to have...
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steve, i think you're going to get like you want but you may not like the markets areaction. >> look. rick are you on board with this idea that the end of the world trade is at least a little bit stepped back in but not something at the forefront of the markets -- the decline in the vix? >> no. >> okay. >> no. i think that the vix is nothing but option volatility and i think since everybody's naturally comfortable long because we are dead. you said we worry about being dead, we are dead. we are zombies. so the natural course is that we're long stocks because of all the programs to boost stocks. so then why do zombies need to buy life insurance? they only need to do it when there's a lot of quorums in a row in congress. so you see that the people that buy the puts, which is the only insurance and it's not a leading indicator, certainly a lagging indicator but the vicks ends up with this grand crown of being a prophet, it isn't. they will start to buy the puts whenever they see jeopardy in ongoing fed programs or jeopardy with regard to what congress may or may do. i think that will pro
steve, i think you're going to get like you want but you may not like the markets areaction. >> look. rick are you on board with this idea that the end of the world trade is at least a little bit stepped back in but not something at the forefront of the markets -- the decline in the vix? >> no. >> okay. >> no. i think that the vix is nothing but option volatility and i think since everybody's naturally comfortable long because we are dead. you said we worry about being...